CLSA Raises Haier Smart Home Target Price to HK$26, Maintains "Outperform" Rating
Stock News
Aug 28
CLSA has released a research report maintaining its "Outperform" rating on Haier Smart Home (06690), with the target price adjusted upward from HK$25 to HK$26.
The company's second-quarter sales recorded a year-on-year increase of 1.4%, though net profit declined 13.5% year-on-year, primarily impacted by foreign exchange losses.
The brokerage has raised its net profit forecasts for Haier Smart Home for the 2026 to 2028 period by 0% to 7%, reflecting improved cost efficiency driven by digital transformation. Additionally, revenue projections have been lifted by approximately 2%, attributed to the company's benefits from HVAC business restructuring and overseas inventory replenishment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.